How much money is being spent on ICT developments in Hawaii?

1

• How much money is being spent on ICT developments
  in Hawaii?
• How much money is being spent on ICT developments
  in Hawaii in comparison to tourism?
• How is the recent focus on ICT developments
  affecting the lives of Hawaii residents?
• Are there any common goals shared among Hawaii
  residents, technological organizations, and the
  tourism authorities in regards to Hawaiis
  economic future?

2
Transitions in Hawaiis Economy Agriculture to
Tourism

• Last 50 years
• From agriculture to tourism
• 1999 15 of Hawaiis workforce was made up of
  agricultural jobs
• 2003 Less than 2 of Hawaiis workforce was made
  up of agricultural jobs
• Today
• Hawaii continues to spend an average of 60
  million dollars per year on tourism advertising

3
Latest Transition in Hawaiis Economy Tourism to
Technology

• Why technological developments?
• Hawaiis geographical location serves as a bridge
  between Asia and the mainland US
• Trans-Pacific fiber optic and satellite
  connectivity
• Tourism industry proven to be volatile
• Early 1990s, the number of visitors to Hawaii
  declined drastically
• Slump in Japanese economy
• Almost 1/3 of Hawaiis tourist population was
  from Japan
• Gulf War
• 9/11 and continued threats of terrorism
• Increased competition from other tourist
  destinations
• Hawaii has no choice

4
Technological Developments are Changing the
Structure of Business in Hawaii

• Support Organizations Technology Parks, Business
  Incubators, Resource Centers
• DBEDT resource center for developing businesses,
  economic data, foreign trade information
• HTDC develop and manage a statewide network of
  new business incubation services.
• HTTA encourage more mainland and international
  technology companies to establish presence in
  Hawaii
• Incentives for Change
• Tax incentives Act 221
• Created to increase growth in Hawaiis technology
  industries, attract the attention of mainland and
  international technological investors to
  establish a presence in Hawaii
• 100 return on cash investments over a 5 year
  period that are made to QHTBs in Hawaii

5
How are Technological Developments Affecting the
Lives of Hawaii Residents?

• Technology changes the way people work
• Shift from manual to electronic, paperless
  companies
• Technological skills training a must
• Training must start early HI DOE Technology plan
• Distance learning E-Schools
• Rapid growth of tech jobs
• In the US, from 1996 to 2006, technology
  occupations grew almost 50 percent faster than
  other occupations
• Act 221 said to have created 600 tech jobs in
  Hawaii by 2004
• Technological advances appears to be slowing
  domestic migration
• 118,201 from 1990-1999 to just 8,213 from
  2000-2004

6
Common Goal for the Future of Hawaiis Economy
The Need to Diversify

• 2005 HTA survey on Hawaii residents
• In regards to the lack of diversification in
  Hawaiis economy
• 43 view as a big problem
• 27 view as a small problem
• 21 view as not a problem
• 9 no opinion, dont know
• HTDC and HTA views on collaborating tourism and
  technological developments together to improve
  Hawaiis economy
• Discussion with Phil Bossert, CEO of HTDC and
  Frank Haas, marketing director of HTA

7

• Changes in marketing techniques to visitors
• Attract business investments and partnerships
• Techno-tourism
• HI Convention Center

ICT DEVELOPMENTS
TOURISM
DIVERSIFY HAWAIIS ECONOMY

• Increase number of jobs
• Slow amount of domestic migration
• Adjust to changes in the workplace

HAWAII RESIDENTS